Striata SA is a level 3 Broad-Based Black Economic Empowerment (BBBEE) contributor, with a total score of 79.73% as rated on the generic enterprise scorecard: Black Ownership = 25.06%; Black Female Ownership = 25.06%; Procurement Recognition Level = 137.50%. The rating is in compliance with the Department of Trade and Industry’s (DTI) Codes of Good Practice.

 

Broad-based black economic empowerment is essentially a growth strategy, targeting the South African economy’s weakest point: inequality. Companies’ empowerment progress is measured in four areas: Direct empowerment; Management at senior level; Human resource development and employment equity; Indirect empowerment through; Preferential procurement; Enterprise development;and Corporate social investment.

 

Striata SA is committed to the principles of BEE and our policies and strategies are developed to ensure that measurable progress is made toward black economic empowerment.